2050 S Hollywood Blvd, Hollywood, Florida, 33020

2050 S Hollywood Blvd
Hollywood FL 33020

Property

Ownership: Condo
Pets: Pets Allowed

Financials

Price: $16,950,000
Annual Taxes: $19,861
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Courtesy of RE/MAX 5 Star Realty

Description

This development site is located at the very entrance of Downtown Hollywood and spans from Hollywood blvd to Harrison street.? The entire block is assembled, unencumbered, and ready for site plan approval.? The property might be rezoned for 15-­20 stories and sellers will give the developer the necessary time to complete this process with the City of Hollywood.? The proposed project would be 250-­300 units with a ground floor public parking garage and retail.? The current property consists of 4 mixed­-use buildings and is 95% occupied.? All tenants have a development clause in the leases and can vacate with a property notice.? Great source of revenue for a developer while working on approvals.?

Neighborhood

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This development site is located at the very entrance of Downtown Hollywood and spans from Hollywood blvd to Harrison street.

Description

This development site is located at the very entrance of Downtown Hollywood and spans from Hollywood blvd to Harrison street.? The entire block is assembled, unencumbered, and ready for site plan approval.? The property might be rezoned for 15-­20 stories and sellers will give the developer the necessary time to complete this process with the City of Hollywood.? The proposed project would be 250-­300 units with a ground floor public parking garage and retail.? The current property consists of 4 mixed­-use buildings and is 95% occupied.? All tenants have a development clause in the leases and can vacate with a property notice.? Great source of revenue for a developer while working on approvals.?

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.